Not necessarily, although for many that appears to be a rule some go by. Now I’m not a commodities investor as such, but recently one that is reasonably well known as such is Rick Rule, who knows all too well that all commodities swing up and down over lengthy periods, for various reasons. He is confident in lithium going high again once it is ‘hated’ enough. He believes the most hated commodities are the best to invest in.
Unless aliens suddenly come down and introduce us to some incredible new technology to make everything we have obsolete, then according to many leading scientists, lithium is here to stay for a very long time as being the main stay for battery technology. So for me, it will rise. Therefore that would meet the ‘out of favour’ buying philosophy yes.
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